Agenda
Thursday, October 3, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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7:30 AM - 8:30 AM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
8:30 AM - 8:35 AM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
8:35 AM - 9:10 AM | The successful founder--and seller--of public Permian-focused E&P Parsley Energy, Bryan Sheffield has been actively raising private capital toward his Formentera Partners, a buyer of U.S. PDP, and just raised public equity in the IPO of Tamboran Resources. Here, he describes the 2024 climate for both public and private capital-raising as well as Formentera's and Tamboran's plans. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9:10 AM - 9:50 AM | Much has been made about private equity’s apparent exit from traditional energy opportunities. But stabilized oil prices, smarter production growth and ever-increasing demand are drawing PE funds back to the sector. Meanwhile, energy transition opportunities could finally be realizing meaningful margins. In this session, private equity leaders will discuss:
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9:50 AM - 10:30 AM | With private equity and major bank lenders exiting oil and gas, family offices are emerging as a real solution to a capital access challenge. In fact, oil and gas producers could source up to 12% of their capital from family offices, according to a Haynes Boone survey of energy executives.
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10:30 AM - 11:00 AM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
11:00 AM - 11:40 AM | Much has been made about shrinking capital opportunities in the traditional oil and gas sector. Today’s capital environment faces continued ESG pressure and an increased desire for scale and relevancy. So where do today’s small and mid-capital companies turn for growth capital? This panel discussion will answer those questions and more, including:
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11:40 AM - 12:10 PM | Listen in as Karl Rove shares his unique insight into the upcoming presidential election and its effect on global energy issues. From 2000 to 2007 Rove served as Senior Advisor to former President George W. Bush, and from 2004 to 2007 as Deputy Chief of Staff. Known as “The Architect” of President Bush’s 2000 and 2004 campaigns, Rove now is a frequent contributor to Fox News, writes a weekly op-ed for The Wall Street Journal and is a New York Times bestselling author. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
12:10 PM - 1:30 PM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1:30 PM - 1:55 PM | Private equity leaders in the energy sector have found success in a diverse portfolio of investments. Many that are in the for the long haul have realized the value in investing in not only traditional oil and gas producers, but also in the energy transition and decarbonization sectors. Simply put, realized investments can be found in nearly every sector of energy production and decarbonization. In this spotlight session, a private equity leader will discuss:
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1:55 PM - 2:20 PM | Ben Dell, Kimmeridge co-founder and managing partner, helped bring the energy sector into the modern age as a private equity manager with an activist strategy. In the years leading up to the COVID-19 pandemic, Kimmeridge and others led the industry's push toward capital discipline and investor returns to make the oil and gas sector more viable for longer. As other investors have shied away, Kimmeridge doubled down on oil and gas with its Fund VI. Kimmeridge also is pushing more into LNG with its bigger stake in the Commonwealth LNG project and in nature-based CCS with Chestnut Carbon. In this session, Dell will discuss the evolution toward discipline, including the mergers that led to Civitas, Ovintiv and others, and what the future holds and where the dollars will come from. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2:20 PM - 2:50 PM | With past industry performance and ESG pressures pushing traditional lenders out of the sector, operators are looking for the right path to accessing capital. Private equity is still in play, family offices are becoming a bigger player, and banks still play a role. In this session, you’ll hear from the decision makers in the C-suite as they discuss:
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2:50 PM - 3:20 PM | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3:20 PM - 4:00 PM | Private secondaries markets have traditionally consisted of selling individual limited partner interests in funds to other investors. In recent years, the secondaries market has shifted to become a broader capital source for the exchange of private fund interests and investments, with both general partners and limited partners actively using the secondary market today. In this panel discussion, you’ll hear more about:
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4:00 PM - 4:30 PM | Amid mounting ESG and climate-related pressures, major banks are looking elsewhere to invest. But mid-sized and regional banks are still active in financing E&Ps in traditional operating sectors. So direct lending capital is still available—if you know where to look. This session will cover:
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4:30 PM - 5:00 PM | Since their introduction, asset-backed securitizations have caused some head scratching among E&Ps. Now, as the number of ABS transactions has grown, E&Ps are now learning of their true benefit. The ABS market continues to grow, and so has investor confidence. In this session, you’ll learn more about:
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5:00 PM |